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Month: July 2018

Posted on 31/07/2018

Al Habtoor signs deal to rebrand three Dubai properties as Hilton hotels

Al Habtoor Group, the Dubai conglomerate whose interests span from hospitality and automotive to real estate and publishing sectors, on Tuesday said it will rebrand three of its Dubai properties as Hi…
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Posted on 31/07/2018

Dubai Technology Entrepreneur Centre to Host AngelHack Dubai Hackathon 2018

DUBAI, 31st July, 2018 (WAM) — The Dubai Technology Entrepreneur Centre, Dtec, Dubai Silicon Oasis Authority’s wholly-owned technology start-up centre that is the largest of its kind in the Middle Ea…
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Posted on 31/07/2018

UAE 3D Printing Market by Technology, Sectors and Regions – Forecast to 2024

The “UAE 3D Printing Market” report has been added to ResearchAndMarkets.com’s offering. According to the report, the UAE 3D printing market is projected to grow at a CAGR of 55.3% during 2018 to 2024 …
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Posted on 31/07/2018

UAE agrees to share financial intelligence with Nigeria’s EFCC

UAE agrees to share financial intelligence with Nigeria’s EFCC – The United Arab Emirates (UAE) says it will share financial intelligence with the Economic and Financial Crimes Commission, as part of …
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Posted on 31/07/2018

Bank withholds gratuity

The company released our end of service payments to Dubai Islamic Bank (DIB), but due to a loan, the bank held my gratuity and is currently blocking it, despite the fact that I have already given them …
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Posted on 31/07/2018

Dubai pushes ‘zero carbon’ buildings through ‘Solar Decathlon’

Dubai is set to host two rounds of a global competition among top universities involved in renewable energy to promote “net zero-energy buildings”, giving the emirate’s renewable energy drive an added …
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Posted on 31/07/2018

More UAE residents say they’re struggling to make ends meet

Yallacompare’s Consumer Confidence Tracker for Q2 – based on a survey of 1,347 UAE residents – revealed that 41.2 percent are less confident about their financial health than they were this time last …
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Posted on 31/07/2018

Dubai Investments says half-year net profit rises to $133m

Khalid Bin Kalban, managing director and CEO of Dubai Investments, said: “Dubai Investments registered steady growth in its financial results during the first half of 2018. The increase in total incom…
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Posted on 31/07/2018

Dubai Stock Index Posts the Biggest Monthly Increase in a Year

Dubai’s main equity gauge posted its biggest monthly gain in a year, powered by a revival in the banking sector as better-than-estimated earnings help U.A.E. stocks escape this year’s doldrums. The DF…
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Posted on 31/07/2018

Sharjah Police nab six dealers with 19kg of heroin

Sharjah: Sharjah Police arrested six members of a gang and seized 19kg of heroin from them, an official said on Tuesday. Lieutenant-Colonel Majid Al Asam, director of the police’s Anti-Narcotics Depar…
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Posted on 31/07/2018

Advisory: UAE Consulate issues warning in Barcelona

Dubai: The UAE Consulate in Barcelona has issued an alert to Emiratis, warning travellers of a city-wide protest that brought roads to a halt. Passengers travelling to Barcelona were advised to make t…
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Posted on 31/07/2018

Dubai Investments posts H1 2018 profit growth

RELATED ARTICLES: Dubai Investments posts 25% growth in Q1 2018 | Dubai Investments unit to lead Emicool IPO | Dubai Investments to sell Emicool stake in Q4 2018 Dubai Investments’ strong start to the …
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Posted on 31/07/2018

Unstable weather in UAE to continue this week

Dubai: Unstable weather will continue to prevail in the UAE until Thursday, bringing dust and haze, rain and fog, or mist to various parts of the country, weathermen said. Much of the Dubai skyline an…
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Posted on 31/07/2018

US hedge fund said to enter race to buy Abraaj assets

York Capital Management, the hedge fund run by Jamie Dinan, is the latest party to join the race to buy the asset-management platform of embattled Dubai private-equity firm Abraaj Group, according to …
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Posted on 31/07/2018

Smart Dubai and DIFC Courts Partner to Explore Blockchain-Powered Judiciary

The Dubai International Financial Centre Courts and Smart Dubai have partnered to develop a “Court of the Blockchain” that would harness the tech for the judiciary. The Dubai International Financial C…
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Posted on 31/07/2018

Dubai Plans to ‘Disrupt’ Its Own Legal System with Blockchain

A Dubai-based international court dealing with civil and commercial disputes in the financial industry is planning to launch what it calls a “Court of the Blockchain” to streamline legal operations. T…
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Posted on 31/07/2018

Dubai Islamic Bank Pakistan

Visiting the bank only to find that the system is down and your transaction cannot be completed is a universally frustrating customer experience. To prevent this, Dubai Islamic Bank Pakistan Limited ( …
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